Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$328,403+2.5% YoY · prices are rising
Market right nowBalanced, leaning sellersMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$71,191About 1.0× the local median income ($71,861): affordable for a typical household
Days on market62 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.9%Zillow expects prices to rise slightly
The typical home in Jessamine County, KY is worth $328,403, up 2.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $266,156, so the area is 23.4% overvalued. It is a balanced market, leaning toward sellers: homes take about 62 days to sell, listings are up 5% from a year ago, 17% of listings have had a price cut. Zillow expects prices to rise about 2.9% over the next year. A household needs about $71,191 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,861. Typical rent is $1,428 a month, or $1,768 for a house. In the latest IRS figures, 403 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$328,403
Change in 1 year
+2.5%
Overvalued %
+23.4%
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Fair home value
$266,156
Change in 5 years
+34.2%
Zillow forecast, next 12 months
+2.9%
Home value to income
4.6×
Monthly mortgage payment (20% down)
$1,780
Income needed to afford it
$71,191
Property tax rate
0.73%
Rent and investing
Typical rent
$1,428
Typical rent for houses
$1,768
Price-to-rent ratio
19.2×
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HUD Fair Market Rent, 2 bedrooms
$1,416
Gross rental yield
5.22%
Cap rate (estimate)
3.39%
Market activity
Listings vs a year ago
+4.7%
Days on market
62
Listings with a price cut
16.9%
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Homes for sale
199
Pending sales per 100 listings
90
Asking price per sq ft
$212
People and jobs
Median household income
$71,861
Population change (1 year)
+1.5%
Unemployment rate
3.1%
Show 4 more
Population
57,147
Income adjusted for cost of living
$77,353
Net moves in (IRS)
+403
Cost of living (US = 100)
92.9
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
39.8
Unhealthy air days a year
0
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Flood risk score
42.3
Wildfire risk score
6.7
Walkability (1 to 20)
7.9
Road, rail and air noise
53 dB
Questions people ask
Is Jessamine County, KY overvalued?
Home prices in Jessamine County, KY are well above what local incomes have historically supported: fair value is about $266,156, so the area is 23.4% overvalued.
Is Jessamine County, KY a buyer's or seller's market?
Jessamine County, KY is a balanced market, leaning toward sellers: homes take about 62 days to sell, listings are up 5% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Jessamine County, KY?
Home values in Jessamine County, KY are up 2.5% over the last year. Zillow's forecast for the next 12 months is +2.9%.
How much do you need to earn to buy a home in Jessamine County, KY?
A household needs about $71,191 a year to afford the typical home in Jessamine County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,861.